Steel Industry Capital Investments
Modernisation and capacity expansion projects 2013
- Azerbaijan, Baku Steel, Baku I&S Works, EAF, 50 t furnace will expand Baku steel capacity to 1.1mt/year.
- Brazil, Acos Laminados do Para [ALPA], ALPA project site, Para State, Steelmaking / Slab, To add value to ore from Carajas mines; later phase is hot / cold rolling
- China, Baosteel, Foshan, Guangdong, SSC, New steel processing centre for automotive and household appliance sectors
- China, Formosa Plastics Group, Fujian Fuxin plant, Stainless flat, Construction work started April 2010.
- China, Jingyun Group / Huitong jv, Shoushan, Coating, Jingyun Group Suzhou Tin Plate / Huitong Precision Thin Plate joint venture
- China, Liyuan Metal Industry Trade Co, Quingshan, Welded tube, Longitudinally welded pipe project - Yunnan Province
- China, Maanshan, Anhui Province, Cold rolling, Cold rolled coils planned of 0.3-1.5 mm thickness: auto and appliance focus
- China, Quinghua Mining, Geermu Works, Pellet plant, Whole project includes I&S plant, bar mill, rod plant, power plant
- China, Taiyuan Iron and Steel Co (Tisco), Taiyuan location, Cold rolling - stainless, For stainless steel CRC, mostly ferritic with 0.4-3.0mm thickness and 1,000-1,650 mm width
- China, Taiyuan Iron and Steel Co (Tisco), Taiyuan location, SSC, Plan to invest RMB 2.5 bn on 5mt/yr stainless steel trading Center in Taiyuan.
- China, WISCO / Nippon Steel jv, Wuhan , Coating, 50:50 jv with total investment RMB 1.85 billion.
- China, Wuhan Shuangquiang Chemical Co, Anlu Works, Cold rolling, For precision CR sheet in Phase I; then production of non-grain oriented silicon steel Phase II
- China, Xinjiang Gaoyi Smelting Co, Not specified, Blast furnace, Construction of 2 x 1380m3 BFs [2 x 1.22mt/yr pig iron capacity] for $238m
- Czech Republic, Trinecke Zelezarny, Trinecke Zelezarny, PCI, Investment includes coal grinding, drying and PCI injection
- India, National Mineral Development Corp [NMDC], Location near Nagarnar , Sinter plant, Turnkey sinter plant for Euro 120m.
- India, SAIL, Bhilai Steel Plant, Blast furnace, Part of broader long product modernisation including rail, bar, sinter
- India, Viraj Group, Mumbai location, Stainless flat, Construction of 850 000 kt flat product plant near Mumbai at a cost of USD 670 million
- Indonesia, POSCO / Krakatau jv, Cilegon Works, Integrated steel plant, MoU signed for 5 mt/yr of 4-meter-wide plate.
- Iran, Government of Iran, Abarkooh Works, Steelmaking / Billet, New steel billet plant to be built on an area of 150 hectares
- Iran, Khorasan Steel, Khorasan Steel Complex, DRI, 2nd direct reduced iron (DRI) module to feed 2nd meltshop.
- Iran, Private sector investor, Mehran Zagroz Steel, Steelmaking / Billet, Billet plant near Iraq border - private sector investment
- Iran, Samen Steel, Samen Steel plant, Ardakan, Steelmaking / Billet, DRI feedstock from nearby Ghadir Iranian I&S. 150 x 150 mm - 200 x 200 mm billet planned
- Iraq, Government of Iraq, Not disclosed, Integrated steel plant, MoU with Government of Iraq signed for integrated steelworks making HRC, rebar, sections in Basra
- Kazakhstan, Evraz Holdings, Kostanay Works, Light long, Evraz's Siberian plants ZSMK and NKMK will supply billets
- Korea, Baosteel Group, Not disclosed, SSC, Service center for cold rolled steel for auto sector in South Korea. MoU signed with GNS China.
- Korea, Hyundai Steel, Dangjin, Chungnam, Blast furnace, No 3 BF; to specialize in steel plates for Hyundai Motor autos.
- Latvia, Libau, Liepaja Works, Coke ovens, Coke facility with power plant to produce electricity from recovered heat. Capex ~Euro 170m.
- Malaysia, Maegma Steel, Lumut Works, Steelmaking / HSM, EAF + in-house DRI from iron ore lumps or pellets from Vale. Phase 1 HRC 1.5mt; phase 2 3mt.
- Mexico, Deacero, Monterrey, Light long, Rebar, angles, beams, channels 500kt plant - for construction sector products
- Nigeria, Jiangsu Yulong Steel Pipe Company, Polaku, Welded tube, Jiangsu Yulong LSAW pipe mill will produce 16 inches to 58 inches diameter pipe
- Oman, Vale, Sohar, Pellet plant, Project involves doubling of capacity of existing plant from 9mt to 18mt/yr pellet
- Pakistan, Al-Tuwairqi , Not specified, DRI, Pakistan's first state-of-the-art DRI plant
- Romania, Trans Danube Industries, Oltenita, Steelmaking / Bar, Plant to be located in Turol casting house in Oltenita. Capex ~Euro 150m.
- Russia, Bekaert, Not specified, Steel cord, Steel cord for tire reinforcement.
- Russia, Evraz Holdings, Yuzhny, Light long, Including 315kt rebar + 135kt angles. Billets from sister plant, DMZ.
- Russia, Evraz Holdings, NTMK & Zapsib, PCI, PCI for 8 BF's at two sites; combined hot metal capacity 11.65mt.
- Russia, NLMK, Novolipetsk Metallurgical Works, Steelmaking / Bar, Capex Roubles 38 bn. Rolling mill from SMS Meer. Melt shop from Siemens VAI.
- Russia, Severstal, Balakovo, Steelmaking / Bar, Long product mini-mill will service the building and construction industries.
- Russia, Severstal Vtorchermet, Saint Petersburg depot, Scrap preparation, Press shears will cost the scrap processing company Roubles 41.3m.
- Russia, TESO Engineering, Not specified, Steelmaking / Bar, New rebar producing mini-mill in Russia's Novgorod region - to be called Avstal.
- Russia, TMK, Taganrog Metallurgical Works, Steelmaking / Billet, EAF-150 project - supplied by German plantmaker SMS Siemag - will allow OHF closure.
- Russia, TMK, Taganrog Metallurgical Works, Vacuum degassing, 950kt capacity - to increase quality cc billet and seamless tube.
- Russia, Uraltrubprom, Urals Pipe works, HSM, Slab supply from Evraz' Nizhny Tagil Iron and Steel Works. Equipment from Japan.
- Saudi Arabia, MMC Corporation, Jizan Economic City, Power plant, Power for aluminium smelter; complex to include steelmaking also.
- Slovakia, ArcelorMittal, Senica, Steel processing, Will produce four million laser-welded blanks (LWBs) a year for automotive industry; capex ~Euro 10m.
- Thailand, Canadoil / Sumitomo Metal Industries, Canadoil Group Plate Mill, Plate mill, Sumitomo stake $50m; output will be high grade plate for energy-related applications.
- Thailand, JFE Steel, Hemaraj Eastern Seaboard Industrial Estate, Coating, Continuous galvanizing line for automobile sector.
- Thailand, Nippon Steel, Not disclosed, Coating, Hot-dip galvanized and galvannealed steel sheets for high-end automotive applications.
- Turkey, Kibar Holding / POSCO jv, Not disclosed, Cold rolling, Turkey's 1st stainless cold-rolling plant - will target import displacement - then grow to 1 mt/year of production.
- Ukraine, ArcelorMittal, Krivoy Rog, Sinter plant, Construction starting 2010.
- United Kingdom, SSI, Redcar, PCI, GBP 38m PCI investment will produce 3.4 mt iron every year at Redcar blast furnace.
- USA, USS / Kobe jv, PRO-TEC, OH, Annealing, Auto focus - for USS/Kobe jv at PRO-TEC Coating Company in Leipsic, Ohio.
- USA, V&M Star, Youngstown, Seamless tube, Billet piercing FQM [fine quality mill] without meltshop.
- Vietnam, China Steel Corporation jv, China Steel Sumikin Vietnam, Cold rolling, JV includes CSC, Sumitomo Metals and Formosa Plastic Group
- Vietnam, POSCO, Posco SS Vina Steel Factory, Light long, Bar mill for manufacture of H,I,U steel shapes and rounds.
More projects: see 2012 iron and steel industry investments
See also: analysis of plant and equipment suppliers
Top locations: See Top 5 capital investment locations 2001-2015
MCI maintains a database of over 850 current modernisation projects in the international steel industry. This database contains individual modernisation records identifying the country, investor, facility, capacity impact, capital cost, capex cost per tonne, commissioning date etc. Please contact
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